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Tinkoff Insurance Implements Diasoft Insurance Finance

Tuesday, October 25, 2016

Tinkoff Insurance and Diasoft, a global provider of cutting-edge financial software solutions, have embarked on the joint project for implementation of the Diasoft Insurance Finance solution. The project scope includes full automation of current business processes of Tinkoff Insurance and fully-fledged support of its accounting reporting, tax reporting and other regulatory types of reporting in compliance with requirements of the Bank of Russia.

Diasoft's solution provides insurance companies with a vast array of tools for solving accounting tasks of various complexity. Support of the new chart of accounts, ability to integrate into existing IT landscapes and flexible settings for support of individual business requirements has ensured a strong competitive position of the solution in the market.

Diasoft Insurance Finance allows using almost any working chart of accounts that does not conflict with the standards of the Bank of Russia. The solution fully meets modern regulatory requirements and is updated on an ongoing basis upon emergence of new requirements.

Tinkoff Insurance is an innovative online provider of retail insurance services. Like Tinkoff Bank, the company is part of the TCS Group Holding PLC. The company created its own cutting-edge IT platform and leveraged on the vast expertise of Tinkoff Bank, which allowed it to provide Russian customers with individual insurance products and ensure high level of customer services. Tinkoff Insurance offers convenient services for remote purchase of insurance policies and claims handling that are available in any part of Russia. Currently, the company operates in the motor, accident, property and travel insurance sectors.

About Diasoft

Since 1991, Diasoft has been providing cutting-edge financial software solutions supporting all aspects of retail, corporate and universal banking, treasury and capital market services, and the insurance business. Being one of the largest financial software developers in Russia and Eastern Europe, Diasoft serves more than 300 financial institutions, including 13 of the 25 largest international banks, 2 of the TOP 10 global insurance companies and 61 of the TOP 100 Russian banks. With more than1,600 highly qualified professionals Diasoft implements over 600 projects per year to deliver to our Customers the most advanced inventory for business development. For more information on the company and its products, please visit http://www.diasoft.com/.

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